Don’t Buy Any Stocks Right Now | Market Just Got Worst

There’s this saying that I love, it’s simple and it makes sense. “If you want to catch fish, go where the fish are and if it’s too packed go where no one wants to go.” I added the last part. But right now, the entire stock market is crashing, and the stock market is not a perfect market, where the prices are based on what something is actually worth, the stock market is a popularity market, where people follow trends.

So, since the stock market is down right now, a lot of good companies that have good financials are also down, just because. It’s kinda like how in school, if you got an A but everybody fails and the teacher curves the grade your grade can go down for the sake of the class

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1. The basic idea of the Crash and Why it’s Getting Worst

People are afraid that the fed might raise the rates (remember when the fed raises the interest rates, it becomes a lot more expensive for us to borrow money and the economy tends to slow down)

And not just that buy if the treasury bonds which are the equivalent of risk-free investing are offering good returns, then people have no reason to invest into the stock market

This created a chain reaction of impulsive selling

Why would they continue to raise the rates:

-Because it’s the lesser of two evils and the other evil is called inflation

-And that gets ugly really fast and before you know we have recession and depression

-And then tweaking rates might not have the effect its having

2. What can you Do as Investor

Ask yourself three questions

Can you control the Fed ( so don’t worry about it )

Can you control the stock market ( so don’t worry it )

Can you control yourself if you try ( yes, so lets worry about that )

Here is what we Can do:

The stock market is not rational so when the stock market falls, the good companies and the indexes also crash at the same time

So it’s a perfect time to invest more money if you have some ( if you don’t, its okay )

If you have investing that currently crashing, you only lose money if you jump off ( remember you already got a ticket, and you can stay forever if you want to )

3. What I’m doing

I only invest into things I understand, so I have confidence in my investments

I invest 10-20% no matter what, whenever I get paid

And I stay focus on the goal

4. More advice

No body knows how far this will go down

No body knows when it will end

And this can get a lot more worst that you think

That why you gotta take care of you first

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*Some of the links and other products that appear on this video are from companies in which Tommy Bryson will earn an affiliate commission or referral bonus. Tommy Bryson is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I’m an Accountant but I’m not your Accountant, always review information with your Accountant/CPA and your Financial Advisor.

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